Business Encyclopedia

A

Accounting and Corporate Regulatory Authority (ACRA)
Audited Financial Statement
Annual General Meeting (AGM)
Annual Report (AR)
Articles of Association
Apostille

B

BizFile
Business Grants Portal
Business Profile

C

Central Provident Fund (CPF)
Certificate Of Residence (COR)
Common Reporting Standard
Common Seal
Companies Act (Cap. 50)
Company Constitution
Company Secretary
Company Stamp
CorpPass

D

Dependant’s Pass
Directors’ Resolution in Writing (DRIW)
Dividend
Dormant Company
Double Taxation Agreement (DTA)
Due Diligence

E

Electronic Register of Members (eROM)
Employment Pass (EP)
EntrePass
Enterprise Development Grant (EDG)
Estimated Chargeable Income (ECI)
Exempt Private Company (EPC)

F

Financial Year End (FYE)
Form C-S/ C
Form C-S (Lite)
Fund Accounting

G

Goods and Services Tax (GST)

H

Hedge Fund

I

Import/Export License
Income Tax
Initial Public Offering (IPO)
Inland Revenue Authority of Singapore (IRAS)
Intellectual Property Office of Singapore (IPOS)
Interim Dividend
IR21 Form

J

K

Know Your Customer (KYC)
Knowledge Capital

L

Letter of Consent (LOC)
Limited Liability Company (LLC)
Limited Liability Partnership (LLP)
Limited Partnership (LP)
Liquidation (Court Order/Compulsory)
Liquidation (Voluntary)
Long Term Visit Pass (LTVP)

M

Ministry of Manpower (MOM)
MTI

N

Nominee Director
Nominee Shareholder
National Registration Identity Card (NIRC)

O

P

Partnership
Personal Data Protection Act (PDPA)
Personalised Employment Pass (PEP)
Private limited company
Productivity Solutions Grant (PSG)
Permanent Resident (PR)

Q

Quickbook Accounting

R

Register of Charges
Register of Nominee Director
Register of Registrable Controllers (RORC)
Registered Office Address

S

S Pass
Share
Small Company
Sole Proprietor
Special Employment Credit
Sponsored Employment Pass
Striking Off

T

Trademark
Temporary Bridging Loan
Temporary Employment Credit (TEC)

U

UEN
Unaudited financial statement
Undischarged Bankrupt

V

Variable Capital Company (VCC)
Venture Capitalist (VC)

W

Wage Credit Scheme
Withholding Tax (Section 45)

X

XBRL
Xero

Y

Year of Assessment (YA)

Z

Zero Rated Supplies
Zero-rised Financial Statement

Company Stamp

A company stamp or seal is used to validate official documents such as certificates, contracts, and deeds. The stamp contains the company name and registration number. Even though using a company seal is no longer mandatory in Singapore, it is still a common practice.

The company secretary is responsible for keeping the company stamp and using it when required.

When to use a Company Stamp?

For years, companies have been using seals or stamps to validate and support the authenticity of important documents. The use of a seal or stamp expresses a company’s commitment to the act or contract. However, the importance of seals has changed over time. While many companies continue to use stamps, no legal interpretations are made on the seals.

The company stamp is used in the following ways:

  • To attest a document and execute it as a deed instead of a simple contract
  • On specific company documents like share certificates
  • When a document contains information required by law. According to the Companies Act, all documents must include the company registration number. The best way to maintain this is to use a stamp or a letterhead.

How to get a Company Stamp?

Getting your hands on a company stamp is easy. You can choose from plenty of providers who make custom company stamps for Singapore entrepreneurs. All you have to do is select a design from the offered variety and provide company-specific information.

There are no legal requirements on what you must include in the stamp but company name and UEN are common inclusions for company stamps. Depending on your preference, you may also include the registered address and contact details if you deem them as important. Once you provide all the required information, you just need to wait for the stamp to be ready. Thankfully, it is a quick process and you will receive it in a few days.

The price of a company stamp is inexpensive and varies depending on size and design.

Is it Mandatory to have a Company Stamp?

Having or using a company stamp is not mandatory. Based on Section 41A of the Companies Act, company stamps are absolutely optional.

Despite it not being mandatory, Singapore companies continue to use stamps due to traditional reasons.

Today, a signature from the company CEO, director, or other officers is more recognizable than a company stamp. Yet, many companies still use it as a mark of corporate identity.